The Wolfberry Post! focuses on recent news and information relevant to the Permian Basin and the Wolfberry and Cline Shale formations in Texas as well as information relating to the oil and gas sector.

Sunday, October 27, 2013

Thom Calandra wrote an article on Lynden Energy. It states, "I don't think Lynden even makes the cheap end of the graph," mentioning that he's in "no rush to sell." Here's the link (click here).

Now that almost 14 million warrants were either exercised or expired on 10/27, it's possible some of the warrant selling will decline leading to an improving share price. Nothe that there are 5.9 million warrants that expire on 11/12 and 295k that expire on 11/19. Once those two periods are over, the next set of warrants won't expire until May 2015.

Map of Lynden's Mitchell Ranch and surrounding development

Please feel free to contact us at wolfberrypost@gmail.com. Disclosure: I am long LVLEF. This blog contains stock ideas and information and does not make recommendations. The intent of this blog is to provide information for discussion and informational purposes and should not be considered to be investment advice. Please complete your own due diligence.